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Black Friday & Cyber Monday Prep: A Checklist for Ecommerce Business Owners

Ship Monk

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. If that sounds like you, then you’re probably an ecommerce business owner. While ecommerce has experienced boom after boom, 2022 has proven to be an interesting year in its already storied history. Slice of cake.

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How to Calculate Inventory Holding Cost or Carrying Cost

Ship Monk

Remember when you were managing your eCommerce business out of your garage? Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. When starting your eCommerce business, knowing formulas and fancy inventory metrics may not seem like a big deal.